Description
865,052 equity shares of Simplex Infrastructures Limited to be listed on BSE from September 3, 2025, following conversion of warrants.
Summary
BSE has announced the listing of 865,052 new equity shares of Simplex Infrastructures Limited (Scrip Code: 523838) effective September 3, 2025. These shares were issued at Rs. 289 per share to non-promoters on a preferential basis following the conversion of warrants.
Key Points
- 865,052 equity shares of Rs. 2 face value to be listed
- Issue price: Rs. 289 per share (Rs. 2 face value + Rs. 287 premium)
- Shares issued to non-promoters via preferential allotment
- Shares rank pari-passu with existing equity shares
- ISIN: INE059B01024
- Distribution numbers: 77687295 to 78552346
Regulatory Changes
No regulatory changes announced. Standard listing procedures apply for shares issued through warrant conversion.
Compliance Requirements
- Trading members must note the new securities are permitted for trading from September 3, 2025
- Lock-in restrictions apply to all 865,052 shares until March 15, 2026
- Standard trading and settlement procedures apply for these securities
Important Dates
- Allotment Date: July 21, 2025
- Listing Date: September 3, 2025
- Lock-in Period Ends: March 15, 2026
Impact Assessment
Minimal market impact expected as this represents a small increase in share capital through warrant conversion. The shares are subject to lock-in until March 2026, preventing immediate selling pressure. Trading members should update their systems to reflect the increased share capital.
Impact Justification
Routine listing of shares from warrant conversion with standard lock-in period